The Nigerian government has cautioned labor unions against pushing for a new minimum wage that might result in widespread job losses or harm the well-being of Nigeria’s 200 million citizens.

During the 2024 Synod of the Charismatic Bishops Conference of Nigeria in Abuja, Information Minister Mohammed Idris warned that the N250,000 minimum wage demand could damage the economy.

Idris emphasized the need for a wage system that balances workers’ needs with economic stability and prevents mass layoffs.

He reiterated the government’s commitment to reviewing the minimum wage but warned against demands that could harm the economy.

He stated:

“The government is open to raising wages for Nigerian workers but insists on a sustainable and realistic wage system that won’t hurt the economy, cause mass job losses, or jeopardize the welfare of 200 million Nigerians. We urge labor unions to recognize that relief for Nigerians, which they rightfully deserve, won’t solely come from higher wages.”

“We want the labour unions to understand that the relief that Nigerians are expecting, and that they fully deserve, will not come only in the form of an increase in wages.

“It will also come as an effort to reduce the cost of living and to ensure that more money stays in the pockets of Nigerians.
“And this is where programs like the Presidential CNG initiative come in.

That program alone, by replacing or complementing petrol usage with CNG, will cut transportation costs by as much as 50 per cent.”